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it as discordant remarks based on the fact harry reid and mitch mcconnell were working at it and continue to do so with their top staff and the representatives as well. where are we? i have been told there's movement from both sides that is considered constructive. it's not something they are ready to bring forward. we won't get incredible details until members get briefed. when you look at what's happening inside the room things like what threshold should taxes become higher or unemployment benefits or other taxes, all the variables. they have to decide and gauge will their membership also agree. it's a really important two-step. to give you a sense of how members are preparing themselves for what may come, here is lindsey graham who was on television earlier this morning. >> exceedingly good. i think people don't want to go over the cliff. i think what have we accomplished, political victory to the president. hats off to him. he's going to get tax rate increases, maybe not at 250, but upper rate americans. we accomplished little in not become greece. this won't affect the debt situation. it will
going on right now, though the action is with the senate majority leader harry reid, minority leader mitch mcconnell trying to put together some alternative package that could in fact make its way through both houses. after they met with the president on friday, they sounded cautiously optimistic. here's what they had to say. take a listen. >> we'll be working hard to try to see if we can get there in the next 24 hours. and so i'm hopeful and optimistic. >> i'm going to do everything that i can. i'm confident senator mcconnell will do the same. but everybody, this is whatever we come up with is going to be imperfect. >> and t.j., there's a lot of pressure on lawmakers and on the president to get something done. we've already seen the markets impacted by this. a lot of americans have just expressed frustration and concern over what's going to happen to their tax rates in the new year if in fact lawmakers can't get a deal. so there's a lot of public pressure to get something done on this. and of course, time is really running out. t.j.? >> kristen welker for us at the white house. than
is what has to happen. mitch mcconnell and harry reid have to come to agreement. by tomorrow, possibly. have something they can vote on in the senate tomorrow night or possibly even monday. send it to the house of representatives where the president says the house speaker john boehner should put it on the floor, regardless if it gets the majority of the majority. that's the traditional way of doing things. the president said if any of the process fails, any of the steps along the way we outline, a senate agreement, vote in the senate, moving to the house, if it fails, the president wants a basic bill on the floor that sets those income levels at $250,000 above, to have everyone have their taxes rice rice. a lot of ifs and but, a flurry of last-minute activity, focused on the congressional leaders in the wes wing of the white house. >> like you said it will take a badda bing, badda boom to get this done. >>> joining me now is ed o'keefe and staff writer for "roll call," jonathan strong. thank you, both, for being here. i want to listen to more of what the president said on friday. i'll
Search Results 0 to 2 of about 3

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